The veterinary endoscopy market is expected to reach USD 219 million by 2023 from USD 159.8 million in 2018, at a CAGR of 6.5%.

By end user, the veterinary endoscopy market is segmented into hospitals and academic institutes and clinics. The hospitals and academic institutes segment is expected to grow at the highest CAGR during the forecast period. Veterinary endoscopy are widely used by hospitals and hospital-attached diagnostic imaging centers for the visualization of internal organs, which is the key factor driving the growth of this end-user segment.

Market Dynamics

Drivers

Increasing Use of Endoscopes in the Diagnosis of Gastrointestinal Diseases
Rising Number of Veterinary Endoscopy Training Programs
Increasing Pet Insurance and Growing Animal Health Expenditure
Growing Population of Companion Animals
Advanced Applications of Veterinary Endoscopy
Rising Demand for Animal-Derived Food Products
Growth in the Number of Veterinary Practitioners